News

FG REFUTES FALSE CLAIMS OF RELIGIOUS GENOCIDE IN NIGERIA

Published

2 months ago

September 28, 2025

The Federal Government strongly condemns and categorically refutes recent allegations by certain international platforms and online influencers suggesting that terrorists operating in Nigeria are engaged in a systematic genocide against Christians. Such claims are false, baseless, despicable, and divisive.

Portraying Nigeria’s security challenges as a targeted campaign against a single religious group is a gross misrepresentation of reality. While Nigeria, like many countries, has faced security challenges, including acts of terrorism perpetrated by criminals, couching the situation as a deliberate, systematic attack on Christians is inaccurate and harmful. It oversimplifies a complex, multifaceted security environment and plays into the hands of terrorists and criminals who seek to divide Nigerians along religious or ethnic lines.

The violent activities of terrorist groups are not confined to any particular religious or ethnic community. These criminals target all who reject their murderous ideology, regardless of faith. Muslims, Christians, and even those who do not identify with any religion have suffered at their hands.

The Federal Government remains unwavering in its commitment to completely degrading terrorist groups and securing the lives and property of all citizens, and this resolve is already yielding results. Between May 2023 and February 2025 alone, over 13,543 terrorists and criminals were neutralized and nearly 10,000 hostages rescued in multiple military operations across the country.

Only last month, the top leadership of Jama’atu Ansarul Muslimina fi-Biladis Sudan – commonly known as ANSARU, Nigeria’s Al-Qaeda affiliate, was captured in a well-coordinated counter-terrorism operation. They are: Mahmud Muhammad Usman (aka Abu Bara’a/Abbas/Mukhtar), the self-styled Emir of ANSARU; and Mahmud al-Nigeri (aka Mallam Mamuda), Abu Bara’s proclaimed Chief of Staff and Deputy.

These feats underscore the determination and success of our security forces and expose as unfounded the notion that Nigeria is passively tolerating religiously motivated terrorism.

The Federal Government is steadfast in its duty to protect every Nigerian, regardless of ethnic or religious identity, and continues to work with international partners to address the global threat of terrorism.

The Nigerian Armed Forces and Police have demonstrated their commitment to accountability by conducting several court martials and prosecutions to hold their officials accountable for any misconduct. This effort underscores the importance of discipline and adherence to the rule of law within our security agencies.

Nigeria is a multi-religious state with large populations of both Christians and Muslims. We are home to one of the largest Muslim communities in the world, alongside some of the biggest Pentecostal churches and the largest Anglican congregation globally. Christianity is neither endangered nor marginalized in Nigeria. It is doubtful that foreign interlopers into Nigerian affairs are aware that the current heads of both the Armed Forces and the Police Force are Christians—a fact that underscores the inclusivity of our national leadership.

In the fight against terrorism, Nigeria has made significant strides in prosecuting Boko Haram suspects. To date, we have successfully prosecuted seven batches of suspects, securing over 700 convictions. We are currently moving into our eighth prosecution cycle, further demonstrating our resolve to tackle terrorism and its sponsors.

Under the leadership of President Bola Tinubu, our administration remains steadfast in its commitment to upholding justice and enhancing security. We will continue to work tirelessly to ensure that those who threaten our nation’s peace and stability are brought to justice.

The Nigerian story is not one of religious genocide or persecution. Rather, it is a story of resilience, diversity, and a globally acknowledged commitment to peaceful coexistence. In March of this year, the inaugural Commonwealth Peace Prize was awarded to two Nigerian religious leaders, Rev. Dr. James Movel Wuye and Imam Dr. Muhammad Nurayn Ashafa, co-founders of the Interfaith Mediation Centre. Their decades-long work to promote trust and tolerance across faiths now serves as a model for peacebuilding in all 56 Commonwealth countries. This means that Nigeria is not only exporting culture and music to the world—we are also exporting proven frameworks for interfaith harmony.

We urge the international media and other commentators to act with responsibility and have respect for facts. All stakeholders are advised to avoid ignorance, sensationalism, and divisive rhetoric, and instead support Nigeria’s ongoing efforts in the fight against terrorism and all forms of criminality.

Mohammed Idris, fnipr

Honourable Minister of Information and National Orientation.

Related Topics:Federal Government of Nigeria

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Fidelity Bank Receives Customs Service Award for Pioneering Role in UCMS Implementation

Published

3 days ago

December 3, 2025

Olumide Ojo

Fidelity Bank’s leadership in digital innovation and public sector collaboration has once again been spotlighted as the tier-one lender was honoured at the Comptroller General of Customs Award Night 2025.

At the ceremony, which took place at the Transcorp Hilton Hotel Grand Ballroom, Abuja, on Friday, 21 November 2025, Fidelity Bank was presented with a prestigious award by the Nigeria Customs Service (NCS) for being the first bank to successfully process Customs Duty and the Pre-Arrival Assessment Report (PAAR) on the Unified Customs Management System (UCMS).

The award, presented under the leadership of the Comptroller General of Customs, Bashir Adeniyi (MFR), serves as a formal recognition of the bank’s “Distinctive Performance and Commitment to the Ideals and Vision of the Nigeria Customs Service.”

Receiving the award on behalf of the bank, the Executive Director, FCT & North, Mr. Sufiyanu Garba, stated, “This award is a testament to our commitment to operational excellence and our resolve to support the digital transformation of Nigeria’s trade and customs ecosystem. We are proud to be at the forefront of this historic milestone and remain dedicated to delivering innovative solutions that drive Nigeria’s economic development.”

The bank’s quick adoption of the UCMS stems from its vision for a truly seamless and borderless African trade. Earlier this year, the bank officially launched the Pan-African Payment and Settlement System (PAPSS), following a successful onboarding and over N46 billion in early transactions. PAPSS enables instant, local currency cross-border payments across Africa, particularly benefiting SMEs. By integrating PAPSS into its core operations, Fidelity Bank continues to dismantle trade barriers, empower businesses, and expand its impact across the continent.

This latest recognition by the Nigeria Customs Service adds to Fidelity Bank’s impressive streak of achievements in 2025, including its double win as “Best Bank for Export & Trade Finance” and “Most Innovative Bank of the Year” at the BusinessDay Bank and Other Financial Institutions’ (BAFI) Awards. These accolades underscore the bank’s commitment to empowering businesses, driving innovation, and supporting Nigeria’s economic advancement. The Comptroller General of Customs Award further affirms Fidelity Bank’s pivotal role in modernizing trade processes and aligning with the Federal Government’s digital transformation agenda.

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

L – R: Head, Central Collections Unit, Olaide Adeyemo; Executive Director -FCT & North, Sufiyanu Garba; and Regional Bank Head, Abuja 3 Regional Bank, Martin Ayodele (all of Fidelity Bank Plc); at the Comptroller General of Customs Award Night 2025 in Abuja where Fidelity Bank PLC was recognized as the first bank to successfully process Customs Duty and the Pre-Arrival Assessment Report (PAAR) on the Unified Customs Management System (UCMS) recently.

Business

Fidelity Bank Reaffirms Support for Indigenous Oil, Gas Development

Published

2 weeks ago

November 25, 2025

Olumide Ojo

Fidelity Bank Plc has restated its commitment to advancing Nigeria’s oil and gas industry, with a strong focus on supporting indigenous operators. This was highlighted by the bank’s Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe,OON, during a first oil presentation event for Emadeb Energy at Fidelity Place, the bank’s corporate headquarters in Lagos.

At the event, Emadeb Energy’s Group Managing Director and Chief Executive Officer, Mr. Adebowale Olujimi, expressed appreciation for the bank’s role in enabling the company’s progress.

“What makes Fidelity Bank unique is its willingness to take calculated risks. Many banks prefer to work with companies only after they have achieved first oil because they want already-established customers. Fidelity Bank reviewed our proposal thoroughly, including legal, technical, financial and character assessments. We met these requirements and that is why they supported us,” Olujimi said.

Dr. Onyeali-Ikpe congratulated Emadeb Energy on its milestone and reaffirmed Fidelity Bank’s commitment to strengthening Nigeria’s energy sector.

“At Fidelity Bank, we are dedicated to supporting indigenous companies in developing oil and gas assets that enhance energy security and promote sustainable growth. Our interventions include financing Nigeria’s first privately built and operated onshore crude export terminal in over fifty years at the Otakikpo Marginal Field in Rivers State.

“We also led funding for the Pinnacle Oil and Gas Terminal in Lekki, Lagos, which improves petroleum product distribution and reduces costs. In addition, we part-financed the production of a 23,000-cubic-meter Liquefied Petroleum Gas carrier for Temile Development Company Limited, which supports cleaner energy use and strengthens local maritime participation,” she said.

Emadeb Petroleum Exploration and Production Company Limited, operator of Petroleum Prospecting License (PPL) 236, recently achieved first oil from the Ibom Field, a milestone regarded as a significant breakthrough in Nigeria’s upstream sector.

“Our next phase will be exciting. We plan to drill two additional wells and increase production to 12,000 barrels per day by the end of 2026. After that, we aim to expand our gas business and raise oil output to 30,000 barrels per day,” Olujimi added.

L – R: Executive Director -South, Mrs. Pamela Shodipo; Managing Director/Chief Executive Officer, Dr. Nneka Onyeali-Ikpe,OON (both of Fidelity Bank Plc); Group Managing Director/Chief Executive Officer, Mr. Adebowale Olujimi; Group Executive Director, Mrs. Olugbesoye Olujimi (both of Emadeb Energy); Executive Director -Lagos and South West, Fidelity Bank Plc, Dr. Ken Opara; and Group Executive Director, Finance/Strategy, Emadeb Energy, Mr. Tosin Adewuyi; at the First Oil presentation event by Emadeb Energy at the Fidelity Bank headoffice in Lagos recently.

Business

Q3 2025: Fidelity Bank Grows Interest Income by 33%, Fee Income by 47%

Published

2 weeks ago

November 22, 2025

Olumide Ojo

Fidelity Bank Plc, a leading financial institution, has released its unaudited financial statements for the third quarter ended September 30, 2025. The results show impressive performance across key income lines and operational metrics.

According to the statements published on the Nigerian Exchange Group (NGX) portal on November 21, 2025, the Bank reported Gross Earnings of ₦366.1 billion for Q3 2025. This represents an 8 percent increase from the ₦338.9 billion recorded in Q3 2024. The growth was driven by strong interest income and sustained momentum in fee-based revenues.

Interest Income, calculated using the effective interest rate method, rose by 33 percent to ₦285.6 billion in Q3 2025, compared to ₦214.7 billion in Q3 2024. Other Interest Income more than doubled, rising from ₦13.0 billion in the corresponding period of 2024 to ₦34.2 billion. This underscores significantly improved returns from non-core lending activities.

Year-to-date, the Bank achieved a major milestone with Gross Earnings surpassing ₦1.1 trillion, the highest in its history. This is an increase from ₦772.5 billion in Q3 2024. The Bank’s total assets also crossed the ₦10 trillion mark, driven by robust growth in cash, customer loans, and investment securities; this compares to ₦8.8 trillion in Q3 2024. Net Interest Income for the nine-month period reached ₦565.3 billion, while fee and commission income totaled ₦84.5 billion. The respective figures for Q3 2024 were ₦470.5 billion and ₦56.3 billion.

Credit Loss Expenses moved to ₦900 million from ₦32.8 billion in Q3 2024; however, Net Interest Income remained flat at ₦144.8 billion, compared to ₦143.7 billion in Q3 2024. This reflects improved asset quality and effective risk management practices. Fee and Commission Income grew by 47.2 percent to ₦31.1 billion, up from ₦21.1 billion in Q3 2024, driven by increased transaction volumes and digital banking adoption. Foreign currency revaluation gains contributed ₦14.1 billion to Non-Interest Revenue, while other Operating Income rose to ₦1.1 billion from ₦447 million in Q3 2024.